Scientific Energy, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 18, 2022 at 10:21 pm IST
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Scientific Energy, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 11.25 million. Net loss was USD 0.562332 million compared to USD 0.098181 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.001 a year ago.
For the nine months, sales was USD 33.07 million. Net loss was USD 3.1 million compared to USD 0.210725 million a year ago. Basic loss per share from continuing operations was USD 0.012 compared to USD 0.002 a year ago.
Scientific Energy, Inc. is a mobile platform for ordering and delivery services for restaurants or other merchants. The Company operates in Macau and its businesses are built on its platform, Aomi App (the Platform). The Platform connects restaurants/merchants with consumers and delivery riders. It offers customers access to the Platform primarily through its mobile applications designed for iPhone, Android, and iPad devices. In addition to food, customers can also order grocery and other non-food merchandise through its Platform, Aomi Supermarket, such as fruits and vegetables, meat, poultry, eggs and milk, seafood and aquatic products, grain, oil, seasoning, snacks, beverages and other groceries. The Platform allows customers to direct delivery riders to purchase the desired merchandise at the Aomi Supermarket and deliver to them. The Company's subsidiaries include Macao E-Media Development Company Limited, a Macau Company and Gold Gold Gold Limited (3G), a Hong Kong company.
SCIENTIFIC ENERGY, INC. 
